2024 -- S 2562 | |
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LC004886 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2024 | |
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A N A C T | |
RELATING TO TOWNS AND CITIES -- AWARD OF MUNICIPAL CONTRACTS | |
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Introduced By: Senators DiPalma, Picard, Burke, and Felag | |
Date Introduced: March 01, 2024 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 45-55-9 of the General Laws in Chapter 45-55 entitled "Award of |
2 | Municipal Contracts" is hereby amended to read as follows: |
3 | 45-55-9. Small purchases. |
4 | Procurements, not to exceed an aggregate amount of ten thousand dollars ($10,000) |
5 | twenty-five thousand dollars ($25,000) for construction and five thousand dollars ($5,000) ten |
6 | thousand dollars ($10,000) for all other purchases may be made in accordance with small purchase |
7 | regulations promulgated by the municipality. These amounts shall be increased or decreased |
8 | annually hereafter at the same rate as the Boston Regional Consumer Price Index. Procurement |
9 | requirements shall not be artificially divided so as to constitute a small purchase under this section. |
10 | A municipality may further reduce the aggregate purchase amount, as provided for in this section |
11 | by ordinance. |
12 | SECTION 2. This act shall take effect on December 31, 2024. |
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LC004886 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TOWNS AND CITIES -- AWARD OF MUNICIPAL CONTRACTS | |
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1 | This act would increase the maximum state and municipal small purchase limits from ten |
2 | thousand dollars ($10,000) to twenty-five thousand dollars ($25,000) for construction projects and |
3 | from five thousand dollars ($5,000) to ten thousand dollars ($10,000) for all other state and |
4 | municipal purchases. |
5 | This act would take effect on December 31, 2024. |
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